3307 Winnebago St · St. Louis, MO 63118

$79,000

2 bd · 1.0 ba · 953 sqft · SingleFamily public records · 129 Days on market

Built 1907 3,201 sqft lot $83/sqft · 37% below area Est $125k · 37% under

---

Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Rent growth +3.7/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

MAJOR Price improvement. At this price you cannot miss. TURN KEY South Side gem! This 2-bed, 1-bath residence is quintessential St Louis. This home is perfect for a first time buyer, investor, or those looking to downsize. Completely renovated inside with new LVP flooring, updated bathroom and fresh paint. Updated kitchen with new cabinets, granite counter tops, subway tile backsplash, and stainless steel appliances. Fresh paint throughout, this is a move in ready home. Outside, enjoy a perfect back yard with privacy from all sides. Perfect area for barbeque and summer parties The detached garage has a new roof and provides private secure parking This one will not last long at this price.

Key facts

• New cabinets
• Updated kitchen
• Completely renovated

Tags

• COMPLETELY RENOVATED
• UPDATED KITCHEN
• NEW CABINETS
• GRANITE COUNTER TOPS
• SUBWAY TILE BACKSPLASH
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $79k.

Deal economics

• At list price, monthly cash flow is $324 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.2% vs local median 5.0% in St. Louis — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• St. Louis City (urban): math 10% / reading 18% proficiency, ranked #312 of 324 in MO (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.9%/yr); 243 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 294 units permitted in St. Louis city in 2024 (227 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• St. Louis County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $22k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 129 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y ago; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $45k; list at $79k implies a 76% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1907 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $69,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1907 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.30% ✓
• Cap rate: 11.21%
• Cash-on-cash: 17.58%
• DSCR: 1.78
• GRM: 6.4

CMA / ARV

• ARV (median comp): $124,855
• List price: $79,000
• Delta: -28.72%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3615 Virginia Ave	0.08mi	2/1.0	990 (+4%)	5mo	$90,000	$91	86
3566 Bamberger Ave	0.54mi	3/1.0 (+1)	950 (-0%)	1mo	$130,000	$137	68
2806 Keokuk St	0.51mi	3/1.0 (+1)	963 (+1%)	6mo	$144,900	$150	64
3540 S Spring Ave	0.49mi	2/1.0	870 (-9%)	4mo	$110,000	$126	59
3526 Bamberger Ave	0.57mi	2/1.0	1,025 (+8%)	4mo	$168,000	$164	58
3618 Gasconade St	0.60mi	2/1.0	850 (-11%)	2mo	$107,000	$126	52
3718 S Spring Ave	0.47mi	3/2.0 (+1)	1,071 (+12%)	1mo	$110,000	$103	48
2719 Keokuk St	0.59mi	2/1.5	836 (-12%)	5mo	$55,000	$66	46
3724 Bamberger Ave	0.54mi	3/2.0 (+1)	1,069 (+12%)	1mo	$110,000	$103	45
3406 Juniata St	0.73mi	2/1.0	1,066 (+12%)	3mo	$265,000	$249	44
4110 Oregon Ave	0.67mi	2/1.5	1,088 (+14%)	1mo	$39,000	$36	42
4106 Nebraska Ave	0.63mi	3/1.0 (+1)	1,080 (+13%)	4mo	$40,000	$37	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.89% rent growth · sell at horizon

5-year hold

• IRR: 11.0%
• Equity multiple: 1.44×
• Total profit: $9,810
• Equity at exit: $11,779

10-year hold

• IRR: 21.4%
• Equity multiple: 2.97×
• Total profit: $43,550
• Equity at exit: $6,830

Cash invested: $22,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 81 Strongly Landlord-Friendly
• State Missouri: 81 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

Generally landlord-friendly; St Louis has some habitability requirements.

Methodology + full state rankings →

ZIP-level market 63118

• Rents YoY: 4.9%
• Active inventory: 243
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,030 high
• Mortgage (P&I): −$414
• Tax from tax record: −$43 /mo · $514/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$216
• Net cashflow: $324

Break-even live

Break-even rent $620

Max offer price $79,000

Occupancy floor 64%

Sensitivity live

Price	-10% $369	-5% $346	+0% $324	+5% $302	+10% $279
Rent	-10% $243	-5% $283	+0% $324	+5% $365	+10% $405
Rate	-1.0pp $364	-0.5pp $344	base $324	+0.5pp $303	+1.0pp $283

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3636 Virginia Ave St. Louis, MO	1.0	1.0	902	$795	$0.88	44d	1	0.02mi
3623 Virginia Ave Unit 3625-1F St. Louis, MO	1.0	1.0	850	$775	$0.91	24d	1	0.04mi
3614 Virginia Ave Saint Louis, MO	2.0	1.0	980	$1,200	$1.22	44d	1	0.06mi
3204 Winnebago St Saint Louis, MO	1.0	1.0	830	$1,400	$1.69	24d	1	0.07mi
3525 Louisiana Ave Apt A St. Louis, MO	1.0	1.0	850	$750	$0.88	44d	1	0.18mi
3523 Louisiana Ave Unit 3525 St. Louis, MO	1.0	1.0	850	$750	$0.88	24d	1	0.18mi
3439 Chippewa St Saint Louis, MO	1.0	1.5	950	$850	$0.89	44d	1	0.21mi
3506 S Compton Ave Saint Louis, MO	2.0	2.0	1100	$1,300	$1.18	11d	1	0.21mi
3829 S Compton Ave Unit A St. Louis, MO	2.0	1.0	1040	$1,000	$0.96	17d	1	0.23mi
3829 S Compton Ave Unit B St. Louis, MO	2.0	1.0	1040	$1,050	$1.01	24d	1	0.23mi
3402 Dunnica Ave Unit 3400 1f St. Louis, MO	1.0	1.0	695	$775	$1.12	24d	1	0.25mi
3428 Dunnica Ave Saint Louis, MO	2.0	1.0	1050	$995	$0.95	44d	1	0.27mi
3653 S Grand Blvd Saint Louis, MO	1.0	1.0	2050	$1,350	$0.66	2d	4	0.30mi
3406 Keokuk St Unit 3406 St. Louis, MO	1.0	1.0	700	$800	$1.14	44d	1	0.31mi
3855 Minnesota Ave Unit B St. Louis, MO	2.0	1.0	900	$850	$0.94	44d	1	0.32mi
3116 Keokuk St Saint Louis, MO	2.0	1.0	900	$850	$0.94	3d	1	0.33mi
3116 Keokuk St Unit 1F St. Louis, MO	2.0	1.0	900	$850	$0.94	3d	1	0.34mi
3839 Pennsylvania Ave Saint Louis, MO	2.0	1.0	725	$1,000	$1.38	21d	1	0.34mi
3106 Keokuk St Saint Louis, MO	2.0	1.0	850	$850	$1.00	17d	1	0.34mi
3534 Nebraska Ave Saint Louis, MO	2.0	1.0	1100	$1,100	$1.00	44d	1	0.35mi
3922 Minnesota Ave Saint Louis, MO	2.0	1.0	1000	$925	$0.93	44d	1	0.39mi
3828 Nebraska Ave St. Louis, MO	1.0	1.0	1000	$750	$0.75	24d	1	0.39mi
3530 Oregon Ave Unit 3532 St. Louis, MO	2.0	1.0	1035	$825	$0.80	44d	1	0.42mi
3514 Alberta St Unit 1W St. Louis, MO	2.0	1.0	800	$800	$1.00	44d	1	0.42mi
3434 Nebraska Ave Saint Louis, MO	2.0	1.0	747	$1,100	$1.47	44d	1	0.43mi
2902 Cherokee St Unit 2906-2F St. Louis, MO	1.0	1.0	918	$1,150	$1.25	44d	1	0.44mi
2900 Cherokee St Unit A St. Louis, MO	1.0	1.0	815	$1,395	$1.71	24d	1	0.45mi
3511 Osage St Saint Louis, MO	1.0	1.0	755	$695	$0.92	44d	1	0.45mi
3719 Winnebago St Unit 3719 1st St. Louis, MO	1.0	1.0	800	$730	$0.91	44d	1	0.45mi
3515 Osage St Unit 3511 Osage St. Louis, MO	1.0	1.0	755	$695	$0.92	44d	1	0.45mi
3539 Giles Ave St. Louis, MO	2.0	1.0	925	$1,050	$1.14	44d	1	0.46mi
3525 Giles Ave Unit D St. Louis, MO	2.0	1.0	900	$1,495	$1.66	24d	1	0.47mi
3432 Utah St Unit 3434 St. Louis, MO	2.0	1.0	1000	$1,150	$1.15	44d	1	0.47mi
3430 Grace Ave Unit 3432 St. Louis, MO	2.0	1.0	1106	$1,475	$1.33	44d	1	0.47mi
3434 Utah St St. Louis, MO	2.0	1.0	1000	$1,150	$1.15	44d	1	0.47mi
3954 S Grand Blvd Apt 3N St. Louis, MO	1.0	1.0	650	$625	$0.96	44d	1	0.47mi
3720 Chippewa St Unit 3720A St. Louis, MO	1.0	1.0	850	$1,050	$1.24	24d	1	0.48mi
3452 Giles Ave Unit 1F St. Louis, MO	2.0	1.0	900	$899	$1.00	44d	1	0.49mi
3450 Giles Ave Unit 1F St. Louis, MO	2.0	1.0	975	$899	$0.92	44d	1	0.50mi
2839 Cherokee St Saint Louis, MO	1.0	1.0	900	$1,195	$1.33	44d	1	0.50mi

Listing history 35 events

1. 2026-06-21
   pricedays on market $79,000 Active 129 DOM
2. 2026-06-18
   days on market $89,000 Active 126 DOM
3. 2026-06-17
   days on market $89,000 Active 125 DOM
4. 2026-06-16
   days on market $89,000 Active 124 DOM
5. 2026-06-15
   days on market $89,000 Active 123 DOM
6. 2026-06-13
   days on market $89,000 Active 121 DOM
7. 2026-06-09
   days on market $89,000 Active 117 DOM
8. 2026-06-08
   days on market $89,000 Active 116 DOM
9. 2026-06-08
   days on market $89,000 Active 115 DOM
10. 2026-06-05
    days on market $89,000 Active 112 DOM
11. 2026-06-03
    days on market $89,000 Active 111 DOM
12. 2026-06-02
    days on market $89,000 Active 110 DOM
13. 2026-06-01
    days on market $89,000 Active 109 DOM
14. 2026-05-31
    days on market $89,000 Active 108 DOM
15. 2026-04-18
    status Active 706-char remark

    Show marketing remark (706 chars)

    MAJOR Price improvement. At this price you cannot miss. TURN KEY South Side gem! This 2-bed, 1-bath residence is quintessential St Louis. This home is perfect for a first time buyer, investor, or those looking to downsize. Completely renovated inside with new LVP flooring, updated bathroom and fresh paint. Updated kitchen with new cabinets, granite counter tops, subway tile backsplash, and stainless steel appliances. Fresh paint throughout, this is a move in ready home. Outside, enjoy a perfect back yard with privacy from all sides. Perfect area for barbeque and summer parties The detached garage has a new roof and provides private secure parking This one will not last long at this price.

16. 2026-04-13
    status Pending 706-char remark

    Show marketing remark (706 chars)

    MAJOR Price improvement. At this price you cannot miss. TURN KEY South Side gem! This 2-bed, 1-bath residence is quintessential St Louis. This home is perfect for a first time buyer, investor, or those looking to downsize. Completely renovated inside with new LVP flooring, updated bathroom and fresh paint. Updated kitchen with new cabinets, granite counter tops, subway tile backsplash, and stainless steel appliances. Fresh paint throughout, this is a move in ready home. Outside, enjoy a perfect back yard with privacy from all sides. Perfect area for barbeque and summer parties The detached garage has a new roof and provides private secure parking This one will not last long at this price.

17. 2026-04-04
    price $89,000 706-char remark

    Show marketing remark (706 chars)

    MAJOR Price improvement. At this price you cannot miss. TURN KEY South Side gem! This 2-bed, 1-bath residence is quintessential St Louis. This home is perfect for a first time buyer, investor, or those looking to downsize. Completely renovated inside with new LVP flooring, updated bathroom and fresh paint. Updated kitchen with new cabinets, granite counter tops, subway tile backsplash, and stainless steel appliances. Fresh paint throughout, this is a move in ready home. Outside, enjoy a perfect back yard with privacy from all sides. Perfect area for barbeque and summer parties The detached garage has a new roof and provides private secure parking This one will not last long at this price.

18. 2026-02-07
    listed $99,000 Active 706-char remark

    Show marketing remark (706 chars)

    MAJOR Price improvement. At this price you cannot miss. TURN KEY South Side gem! This 2-bed, 1-bath residence is quintessential St Louis. This home is perfect for a first time buyer, investor, or those looking to downsize. Completely renovated inside with new LVP flooring, updated bathroom and fresh paint. Updated kitchen with new cabinets, granite counter tops, subway tile backsplash, and stainless steel appliances. Fresh paint throughout, this is a move in ready home. Outside, enjoy a perfect back yard with privacy from all sides. Perfect area for barbeque and summer parties The detached garage has a new roof and provides private secure parking This one will not last long at this price.

19. 2025-09-12
    price $99,900
20. 2025-08-07
    price $109,900
21. 2025-07-23
    price $115,000
22. 2025-06-06
    price $119,900
23. 2025-05-12
    listed $125,000 Active
24. 2024-06-11
    historical
25. 2024-05-13
    price $99,900
26. 2024-04-26
    price $108,000
27. 2024-04-17
    price $119,000
28. 2024-04-17
    listed $99,000 Active
29. 2023-10-22
    historical
30. 2023-09-03
    listed
31. 2023-07-25
    historical
32. 2023-01-17
    soldstatus $45,000
33. 2013-04-22
    soldstatus $362,250
34. 2003-11-24
    soldstatus
35. 1994-07-07
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MO · Resets to sale price

• Current annual tax: $514 · $43/mo
• Projected year-2 tax: $766 · $64/mo
• Expected delta: +$252/yr (+$21/mo · 49.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,365
• − Mortgage interest: −$4,425
• − Property taxes: −$514
• − Insurance: −$395
• − Repairs & maintenance: −$989
• − Management: −$989
• − Depreciation: −$2,298
• Taxable income: $2,754
• Est. tax owed @ 24.0%: −$661
• After-tax cash flow: $3,227/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Louis City
• NCES district ID: 2929280
• Math proficiency: 10% ▼ -6.00%
• Reading proficiency: 18% ▼ -3.00%
• Median HH income: $35,685
• Composite: 11.54/100
• National rank: #9699
• State rank: #312 of 324 in MO

Livability — St. Louis

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: St. Louis, MO
• County: Saint Louis City · 254,015 people
• City population: 283,259
• Metro: St. Louis, MO-IL
• Population (ZIP): 25,913
• Household income: $57,762
• Rent vs Own: 56.1% rent · 43.9% own
• Severe rent burden: 1495.0

Population outlook (St. Louis County) Hauer SSP2

• Today (2025): 315,737 people
• By 2030: 313,865 · -0.6%
• By 2040: 305,439 · -3.3%
• By 2050: 296,529 · -6.1%
• By 2075: 271,028 · -14.2%
• By 2100: 255,359 · -19.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 44% Black 41% Two or more races 8% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 90% English-only · Spanish 5% Vietnamese 1% French/Haitian/Cajun 1%

Political lean MEDSL · St. Louis

• 2024 margin: Solid D (+64.7) · D 81.4% · R 16.7% · Other 2.0%
• 2008→2024 swing: -3.5pp toward R · 2008: 68.2pp · 2024: 64.7pp
• All cycles: 2024: D+64.7 2020: D+66.2 2016: D+63.7 2012: D+66.6 2008: D+68.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -347.51%
• Current HPI: 171.5963
• Rent YoY: ▲ 4.89%
• Metro: St. Louis, MO-IL
• State GDP YoY: ▲ 1.84%
• F500 in state: 20

Industry mix (Fortune 500 HQ in MO)

Industry	F500 HQs	Revenue
▸Healthcare	1	$163B
▸Insurance	1	$21B
▸Industrial Technology	1	$17B
▸Retail	1	$16B
▸Industrial Distribution	1	$10B
▸Utilities	1	$9B

Price history

-75.4% since first listed

21 events — show timeline

• 2026-04-18 Relisted — MARIS as Distributed by MLS Grid
• 2026-04-13 Pending — MARIS as Distributed by MLS Grid
• 2026-04-04 Price Changed $89,000 MARIS as Distributed by MLS Grid
• 2026-02-07 Listed $99,000 MARIS as Distributed by MLS Grid
• 2025-09-12 Price Changed $99,900 MARIS as Distributed by MLS Grid
• 2025-08-07 Price Changed $109,900 MARIS as Distributed by MLS Grid
• 2025-07-23 Price Changed $115,000 MARIS as Distributed by MLS Grid
• 2025-06-06 Price Changed $119,900 MARIS as Distributed by MLS Grid
• 2025-05-12 Listed $125,000 MARIS as Distributed by MLS Grid
• 2024-06-11 Delisted — MARIS as Distributed by MLS Grid
• 2024-05-13 Price Changed $99,900 MARIS as Distributed by MLS Grid
• 2024-04-26 Price Changed $108,000 MARIS as Distributed by MLS Grid
• 2024-04-17 Price Changed $119,000 MARIS as Distributed by MLS Grid
• 2024-04-17 Listed $99,000 MARIS as Distributed by MLS Grid
• 2023-10-22 Rental Removed — APPFOLIO
• 2023-09-03 Listed for Rent — APPFOLIO
• 2023-07-25 Rental Removed — APPFOLIO
• 2023-01-17 Sold (Public Records) $45,000 Public Records
• 2013-04-22 Sold (Public Records) $362,250 Public Records
• 2003-11-24 Sold (Public Records) — Public Records
• 1994-07-07 Sold (Public Records) — Public Records

Property tax history

+4.6%/yr

Latest (2024): $514 · +4.9% YoY. Source: county tax records.